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Share Name Share Symbol Market Type Share ISIN Share Description
Pantheon Resources Plc LSE:PANR London Ordinary Share GB00B125SX82 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.20 0.55% 36.70 36.00 36.30 37.00 36.20 37.00 1,041,540 16:29:58
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.7 16.7 10.5 3.5 185

Pantheon Resources Share Discussion Threads

Showing 36801 to 36825 of 36825 messages
Chat Pages: 1473  1472  1471  1470  1469  1468  1467  1466  1465  1464  1463  1462  Older
DateSubjectAuthorDiscuss
04/12/2020
16:30
...and down she goes. IMHO
michaelsadvfn
04/12/2020
15:50
It wouldn't be a surprise to see this finish up has to be a high chance of news next week IMHO
senttothegallows
04/12/2020
12:54
Upgrade report would be a nice tie in for the AGM, given no one is going in person?
davidblack
04/12/2020
12:35
The 40% and 60% CoS comes from the Canaccord note issued following the fundraise. Here is an extract: "Our target price includes a risked valuation of only the independently determined recoverable resources at Greater Alkaid (77 mmbbls gross, WI 100%) and Talitha (304 mmbbls gross, WI 89.2%). We assign 60% and 40% chance of success to these projects respectively - Greater Alkaid has already successfully tested oil; Talitha has not yet." The note is given in its entirety in post no. 3699 thanks to scot126.
gp1948
04/12/2020
12:13
I think, resource update from 3rd zone is due before year end ...
mynameiskhan
04/12/2020
12:12
I was listening to webinar (available in PANR website), during 45min onwards or so; Jay C saying that very high probability of success. I don't remember the exact time, but it was somewhere 40-50 min...
mynameiskhan
04/12/2020
11:44
Where are people getting the figures for the probability of success. Best regards LTM
longtermmike
04/12/2020
11:07
PANR need to start getting the upgrade news out otherwise they are going to be issuing multiple RNS a day to keep up with the tsunami of news flow heading our way!Starting next week?.....
astralvision
04/12/2020
10:38
40% is low for an appraisal, but probably right as the initial well wasn't tested so was a Technical Discovery rather than a proven discovery.
ngms27
04/12/2020
10:35
Thanks. Getting more funds cleared next week and plan to double my holdings. Not long to go for the drill
jungmana
04/12/2020
10:33
Thanks pro. Would be not see 40 / 60% cos as low or is that a good figure?
og_2020
04/12/2020
10:31
Welcome to the ride!
chris0805
04/12/2020
10:27
Joined you guys here last week with a 60k shares holding. Intend to add in a week or 2 when funds allow
jungmana
04/12/2020
10:24
Not wishing to nit-pick but the planned spud date is 25th Jan...52 days away plus the inevitable delay in timing. Not far off anyway.
michaelsadvfn
04/12/2020
10:02
What we have done is excellent in this environment and we are ready to drill in just 6 weeks today !!!! 6 weeks well be drilling possible the largest discovery for 2021 ..... 6 weeks :)
sirmark
04/12/2020
09:54
88e - It's not really a farmout to an oil company. It's a farmout to a group of investors and they have given up 50% of the project. PANR effectively did the same thing to our own investors and given up a fraction of the equity. PANR deal to get this well drilled is far superior and PANR shareholders capture the upside.
marto1000
04/12/2020
09:24
The big issue with pipelines is crossing rivers that flood in spring. A small 10m wide shallow river there can become a half kilometre torrent in Spring. 88 are the wrong side of at least one river system, possibly two, in contrast to Pantheons Alkaid and Talitha ground which are much less exposed. And whilst the engineering is simply very expensive think rather in terms of the environmental planning challenges and delays. The 88 ground is a lot more challenging.
davidblack
04/12/2020
09:14
Scot, The map in the 88E RNS doesn’t show any pipeline at Harpoon or Willow. There is a pipeline to the east of Willow but it’s still about 100Km from the proposed Merlin-1 well. I’m not up to speed with infrastructure at either discovery but if there is a pipeline up there i’d have thought it would have been highlighted on the map, non? Whatever, my point was that they will be stranded if they do make a discovery whereas we sit right next to the TAPS. Good luck to them regardless.
michaelsadvfn
04/12/2020
08:37
All depends what CoS you are looking at. There is GCoS (Geological Chance of Success) - which is finding a tiny bit of hydrocarbon somewhere in the drill. There is CCoS (Commercial Chance of Success) - which is finding enough of the right type of hydrocarbons to be commercially developed. When companies and brokers are ramping to try to raise funds, they talk GCoS as the CoS and dont mention CCoS. So when anyone quotes a CoS.........always ask if its G or C. The valuation is likely using a 10% CCoS.
pro_s2009
04/12/2020
08:27
Hi michaelsadvfn - your post #4151, are you sure about the 150km figure? A pipeline northwards to Harpoon or Willow wouldn't be 150km, would it? Anyway, best of luck to 88E this winter season. It'll be interesting to read about their drilling plan and to find out about the lightweight plant and tracked vehicles they are proposing to use. GLA
scot126
04/12/2020
08:18
Great question and one I will put some thoughts to later.
rabito79
04/12/2020
08:01
Not long until we find out eh!!!
michaelsadvfn
04/12/2020
07:56
Thanks, if I'm not wrong, Jay C. in the webinar mention something 'very high probability of success'
mynameiskhan
04/12/2020
07:52
Given the unitisation and the fact that it is deemed as a discovery and appraisal if you are working on 40% COS this is way too low. What is interesting is the £1.26 valuation uses 10% which kind of puts a scale to the valuation. AIMHO GLA BTG
btgman
04/12/2020
07:35
One of the notes has Talitha @ 40% COS, Alkaid at 60%. Roger Young probably has it rather higher than 40%...
michaelsadvfn
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